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Round Robin Calculator

Total Parlays
0
Total Stake
$0.00
Total Payout
$0.00
Total Profit
$0.00
$
Selections
1.
2.
3.

How To Use This Calculator

The round robin calculator creates every possible parlay combination from your selections. Enter your odds, choose your parlay size, and see a full breakdown of each combination.

Step 1
Set Your Stake

Enter the amount to wager on each individual parlay.

Step 2
Choose Parlay Size

Select how many legs per parlay (2-pick, 3-pick, etc.).

Step 3
Add Selections

Enter the odds for each selection. Minimum 3 selections required.

Step 4
Review Breakdown

See every parlay combination, payout, and total profit.

What is a Round Robin Bet?

A round robin bet takes a group of selections and creates every possible parlay combination of a chosen size. Unlike a single parlay where one loss kills the entire bet, round robins let you win some parlays even if not all selections hit.

Think of it as insurance for your parlays. You pay more upfront (since you are placing multiple parlays), but you get protection against one or two selections losing.

Combinations Formula
Parlays = C(n, k) = n! / (k! × (n-k)!)
n = total number of selections
k = legs per parlay
C(n,k) = number of parlay combinations

Round Robin Combinations Reference

Number of parlays created for common round robin configurations.

Selections2-pick3-pick4-pick5-pick
331
4641
5101051
61520156
828567056

Step-by-Step Round Robin Example

Scenario

You have 4 selections at -110, +150, -130, and +120. You want $10 2-pick round robins.

Step 1: Count parlays
C(4, 2) = 6 parlays
Total stake: 6 × $10 = $60
Step 2: Calculate each
Parlay 1: Legs 1+2
Parlay 2: Legs 1+3
Parlay 3: Legs 1+4
... and 3 more
Step 3: Assess risk
If 3 of 4 win:
3 parlays win, 3 lose
You can still profit!

Common Mistakes to Avoid

Not understanding total cost

A $10 round robin with 6 selections in 2-picks creates 15 parlays — that is $150 total, not $10. Always check the total stake before placing your bet.

Using too many selections

More selections means exponentially more parlays. 8 selections in 2-picks is 28 parlays. Keep your selection count manageable to control total stake.

Thinking round robins reduce vig

Round robins do not reduce the sportsbook's edge — they just redistribute your risk. Each individual parlay still has the same vig. The EV of a round robin equals the sum of each parlay's EV.

Ignoring breakeven scenarios

Calculate how many selections need to win for you to break even. If you need 4 of 5 to hit just to break even, the risk/reward may not be worth it compared to straight bets.

Frequently Asked Questions

What is the difference between a round robin and a parlay?

A parlay is a single bet combining multiple selections where all must win. A round robin creates multiple smaller parlays from your selections. If one selection loses in a parlay, you lose everything. In a round robin, you only lose the parlays containing the losing selection.

How many selections do I need for a round robin?

You need at least 3 selections for a round robin (which creates 3 two-pick parlays). Most sportsbooks allow up to 8-12 selections, though the total number of parlays grows quickly.

Can I lose money on a round robin if most selections win?

Yes. Depending on the odds and parlay size, you might need most or all selections to win just to break even. Low-odds favorites in large round robins can result in a loss even with only one miss. Always check the breakeven point.

What is a “full cover” bet?

A full cover bet includes every possible parlay combination of every size from your selections, plus sometimes the individual straight bets. For example, a “Trixie” is a full cover on 3 selections (3 doubles + 1 treble). Round robins are a subset of full cover bets.

Are round robins a good strategy?

Round robins are useful when you have confidence in multiple selections but want protection against 1-2 losses. They are not a magic strategy — the expected value is the same as placing the individual parlays separately. The benefit is purely risk management.

Can I use round robins with player props?

Yes. Round robins work with any bet type — moneylines, spreads, totals, and player props. They are especially popular with player props where bettors have strong opinions on several selections but want to hedge against one missing.

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Pro Tip: Keep It Small

The sweet spot for round robins is 3-4 selections in 2-pick parlays. This gives you meaningful protection (you can lose 1 selection and still profit) without the total stake spiraling out of control. Anything beyond 5 selections gets expensive fast.